Risk Stewards Phase 1: CapsPlusSteward
Summary
Approve moving forward with the concept of Risk Stewards and their first iteration: CapsPlusRiskSteward, for risk providers to increase supply and borrow caps in an agile, but controlled way.
Context
An extended explanation of the initial idea of the system can be found HERE, together with the feedback on the community
Options
- 50% maximum increase limit, per asset, every 5 days
- 100% maximum increase limit, per asset, every 5 days
- Not approve, different parameters needed
- Abstain
Option 1 and 2 approve the initiative, with the first setting a maximum increase of 50% of the current value every 5 days, while the second proposes a more flexible approach with maximum 100% increase. Important to highlight that this is a maximum; risk providers will decide the exact value depending on their analysis.
Option 3 implies that the Risk Stewards exploration should continue, but with different initial configurations in the case of CapsPlusSteward.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x329c...543eD4 | 241,252 | YES 100% max increase per 5 days |
 0x62a4...96816a | 82,000 | YES 100% max increase per 5 days |
 0x13BD...138548 | 80,963 | YES 100% max increase per 5 days |
 0xB83b...Fbcf5C | 80,588 | YES 100% max increase per 5 days |
 Wintermute Governance | 41,869 | YES 100% max increase per 5 days |
VOTE POWER
Proposal Status
- Wed April 12 2023, 04:00 pmVoting Period Starts
- Mon April 17 2023, 04:00 pmEnd Voting Period
Current Results
1-YES 100% max increase per 5 days
544,749.952
2-YES 50% max increase per 5 days
1,542.092
3-NO, more discussion needed
239.584